Brick Office
For Sale
$335,000
277 Oak St, Hiram, GA 30141
One-story office property with a flexible interior layout, broad driveway, and on-site parking near Highway 92.
Property Size2,212 SF
Lot Size1.39 Acres
Price / SF$151.45
Days on Market76
Property Features for 277 Oak St
General Information
Standard status
Active
Size
2,212 SF
Lot size
1.39 Acres
Additional Details
Highway Access
Yes
Building Details
Year Built
1961
Stories
1
Construction
brick
Listing Agency:
Ansley Real Estate
Listed By:
Jaydee Austin Smith · License #203895
(404) 663-6136
Source:
Shortsaleatlanta
Added: Jul 31
Changed: Oct 3
Last Checked: Oct 7 at 3:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ansley Real Estate
Investment Insights
Based on property information with market context.
This one-story brick office building was constructed in 1961 and sits on 1.39 acres. The interior includes a waiting area, multiple offices, and room for several conference rooms, creating a configuration suited to an office user or business headquarters. A wide driveway and on-site parking support day-to-day access for employees and visitors.
The property is located at 277 Oak St in Hiram, Georgia, just off Highway 92. It is next to commercial property and faces land with current commercial zoning, providing an established commercial setting for the office use.
The property is located at 277 Oak St in Hiram, Georgia, just off Highway 92. It is next to commercial property and faces land with current commercial zoning, providing an established commercial setting for the office use.
Key Highlights
- 1.39‑acre office property in Hiram, Georgia
- One‑story brick building constructed in 1961
- Interior includes multiple offices, conference‑room space, and a waiting area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,621
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,420
$592.4K
Cap Rate 7%
$423,157
$423.2K
Cap Rate 9%
$329,122
$329.1K
Market Conditions
NOI Build-Up for 2,212 SF
Gross rent
$52.8K $23.87/SF
− Vacancy
−$13.3K −$6.02/SF
EGI
$39.5K $17.85/SF
− OpEx
−$9.9K −$4.46/SF
NOI
$29.6K $13.39/SF
Area
Paulding County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$592,420
Cap Rate 7%
$423,157
Cap Rate 9%
$329,122
Alternative Uses
Best Use
Office B
$423.2K
$370.3K – $493.7K
NOI $29,621 @ 7.0% cap · market cap 8.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$621.1K
$543.5K – $724.7K
NOI $43,479 @ 7.0% cap · market cap 12.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Explore this area
Business Placement
Demographics for 30141, GA
23,616
Population
9,151
Households
2.6
Avg Household Size
38
Median Age
32%
College-Educated
91%
High-School Grad
27.6 sq mi
ZIP Area
856
Density / Sq Mi
$84,724
Median Household Income
$47,704
Median Earnings
$1,706
Median Rent
$254,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - One-story office property with a flexible interior layout, broad driveway, and on-site parking near Highway 92.
Where is this office building located?
The property is located at 277 Oak St Hiram, GA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1.39‑acre office property in Hiram, Georgia; One‑story brick building constructed in 1961; Interior includes multiple offices, conference‑room space, and a waiting area
